First Technology Federal Credit Union
VP, Wholesale Mortgage Lending
First Technology Federal Credit Union, Hillsboro, Oregon, United States, 97104
The Vice President of Wholesale Mortgage Lending leads the origination and sale of Home Equity products by leveraging competitive pricing, product offerings and a broker compensation model to drive third party originations.
Here's what you can expect from the job and what you need to be successful:
Job Duties:
Develop and execute a robust wholesale business development strategy, targeting mortgage brokers, referral partners, and financial intermediaries. Identify and cultivate relationships with key brokers and referral sources within the mortgage real estate sector. Originate Home Equity Lines of Credit (HELOCs) for owner-occupied properties. Maintain a deep understanding of First Tech’s Conventional and Equity loan products, including competitive pricing, borrower requirements, and underwriting standards. Manage the loan origination process from prospecting through to close, ensuring an exceptional borrower and broker experience. Collaborate with internal teams, including underwriting, legal, and closing, to ensure loans meet First Tech’s risk and credit criteria. Stay current on industry trends, market conditions, and regulatory changes that impact residential lending. Participate in P&L and ROA review calls and ensure alignment with the company's strategic goals and performance metrics. Lead a team of Wholesale Account Managers and Assistants. Essential Skills:
Minimum 10 years of experience in business development in SBA and/or conventional commercial real estate lending, with a demonstrated ability to originate deals. Established network of brokers and referral partners within the residential real estate industry. Strong understanding of Equity and conventional loan products, underwriting standards, and market conditions. Strong leadership skills to effectively lead a team through innovation and change. Excellent interpersonal and communication skills with a demonstrated ability to build and maintain relationships. Ability to work well under pressure, handle multiple assignments and deliverables simultaneously with the flexibility to meet changing needs and demands. Self-motivated with a drive to exceed performance targets and achieve high compensation levels. Demonstrated ability to establish credibility and rapport with internal and external stakeholders. Working knowledge of Microsoft Office Suite. Minimum Education:
Bachelor’s degree in business, finance, or related field. MBA preferred. Location:
Hillsboro Corporate Office – Hillsboro, OR Target Compensation:
$175,000 plus incentive plan. Benefits options include:
Traditional medical, dental, and vision coverage. 401K matching up to 5% per pay period. Accrue up to 17 days of Paid Time Off your first year of employment. 11 paid federal holidays. Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria). First Tech is not currently offering Visa sponsorship for this position.
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Develop and execute a robust wholesale business development strategy, targeting mortgage brokers, referral partners, and financial intermediaries. Identify and cultivate relationships with key brokers and referral sources within the mortgage real estate sector. Originate Home Equity Lines of Credit (HELOCs) for owner-occupied properties. Maintain a deep understanding of First Tech’s Conventional and Equity loan products, including competitive pricing, borrower requirements, and underwriting standards. Manage the loan origination process from prospecting through to close, ensuring an exceptional borrower and broker experience. Collaborate with internal teams, including underwriting, legal, and closing, to ensure loans meet First Tech’s risk and credit criteria. Stay current on industry trends, market conditions, and regulatory changes that impact residential lending. Participate in P&L and ROA review calls and ensure alignment with the company's strategic goals and performance metrics. Lead a team of Wholesale Account Managers and Assistants. Essential Skills:
Minimum 10 years of experience in business development in SBA and/or conventional commercial real estate lending, with a demonstrated ability to originate deals. Established network of brokers and referral partners within the residential real estate industry. Strong understanding of Equity and conventional loan products, underwriting standards, and market conditions. Strong leadership skills to effectively lead a team through innovation and change. Excellent interpersonal and communication skills with a demonstrated ability to build and maintain relationships. Ability to work well under pressure, handle multiple assignments and deliverables simultaneously with the flexibility to meet changing needs and demands. Self-motivated with a drive to exceed performance targets and achieve high compensation levels. Demonstrated ability to establish credibility and rapport with internal and external stakeholders. Working knowledge of Microsoft Office Suite. Minimum Education:
Bachelor’s degree in business, finance, or related field. MBA preferred. Location:
Hillsboro Corporate Office – Hillsboro, OR Target Compensation:
$175,000 plus incentive plan. Benefits options include:
Traditional medical, dental, and vision coverage. 401K matching up to 5% per pay period. Accrue up to 17 days of Paid Time Off your first year of employment. 11 paid federal holidays. Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria). First Tech is not currently offering Visa sponsorship for this position.
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